Gold Peak 2025?

2025 Isn’t 2011 - A very different gold market: We may or may not be at an intermediate top—but 2025 isn’t 2011, and the gold market knows it.

There’s a lot of buzz—understandably—about whether we’ve just seen peak gold.

With charts flashing déjà vu and analysts citing 2011 all over again, it’s tempting to lean on technicals and call for a repeat consolidation. But hold that thought. Because while the chart may rhyme, the world around it has changed completely. In this episode, I break down why comparing 2025 to 2011 misses the bigger picture—and why gold, in this new macro reality, may be playing by a very different set of rules.

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